Cryptocurrency Q&A How much revenue should a sales person generate?

How much revenue should a sales person generate?

Silvia Silvia Sun Dec 29 2024 | 5 answers 999
We're trying to set a benchmark for our sales team. Currently, we're wondering about the ideal amount of revenue a sales person should be able to generate. What's the industry standard or a reasonable expectation to have? How much revenue should a sales person generate?

5 answers

DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Tue Dec 31 2024
This requirement aligns with the common practice observed in many large-scale B2B companies.

Was this helpful?

288
48
Dario Dario Tue Dec 31 2024
These companies typically adopt a 10%/10% model, where sales reps earn about 10% of their quota as a base salary and another 10% as commission.

Was this helpful?

196
78
CharmedFantasy CharmedFantasy Tue Dec 31 2024
This model underscores the significance of sales reps' contributions to a company's revenue and profitability.

Was this helpful?

71
99
HanRiverVisionary HanRiverVisionary Tue Dec 31 2024
Jason Lemkin, the CEO and Founder of SaaStr, emphasizes the importance of sales representatives' performance in sustaining a business model.

Was this helpful?

371
89
Bianca Bianca Tue Dec 31 2024
According to Lemkin, a sales rep must generate revenue that is four to five times their total compensation to ensure the business model is viable.

Was this helpful?

73
27

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts